Bitcoin confirms weekly bullish trend signal for the first time since 2023

Sep 06, 2026

Bitcoin just flipped a long-term weekly trend indicator from bearish to bullish for the first time in almost four years, a positive sign for crypto holders looking months out.

  • The weekly trend flip last happened at the end of the 2022 bear market, which was followed by a multi-year run higher.
  • A bullish divergence has also been building on the weekly chart since the low near $60,000, backing up the longer-term case.
  • Short term is weaker: Bitcoin is stuck under resistance around $80,000-$82,000 and cooling off after being overbought.
  • Bitcoin is losing market share while its price holds steady, which means altcoins are quietly outperforming.
  • Ethereum is pressing against resistance just above $2,500, while Solana and Chainlink have both broken out to new highs.

Outlook: Expect a quiet, sideways next few days with US markets closed for the holiday, but the bigger trend now points up.

## Bitcoin Levels

  • **Bias:** Bullish on the weekly/months-out view, neutral to slightly weak short term.
  • **Buy / accumulate:** $76.1K — the liquidity pocket below price and the main short-term dip target.
  • **Support:** $76.1K.
  • **Resistance:** $80,000-$82,000, with the key high at $82.5K.
  • **Targets:** A confirmed break above $82.5K would strongly confirm the longer-term bullish structure.
  • **Invalidation:** Daily bearish divergence still active — a deeper drop below the $76.1K area would undercut the short-term setup.

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